High Beta Stocks India NSE BSE: List of High Beta Stocks
This article covers the High Beta Stocks in India on NSE & BSE. A list of Beta Values for NSE listed stocks is also covered in a table, with meaning and examples of beta stocks and beta values Very often, every trader comes across the requirement for checking the Beta values. Why is the beta value so important? Simply because the higher the beta value of a particular stock, the higher its corresponding price movement with respect to the given market index. Cant understand that? Let's take an example: Suppose the market index like Nifty moves +1% and the 2 stocks say HPCL and Reliance move -0.5% and +2% over the same time period. So basically, nifty goes up by 1%, and correspondingly the HPCL goes down by 0.5% and Reliance goes up by 2%. Hence, with respect to Nifty (underlying index), the HPCL has a beta of -0.5 and Reliance has a beta of +2. So if the nifty moves 2%, then Reliance will be expected to move 4% and HPCL will be expected to go down by 1%. But if Ni...